Commercial Loan Officer I Salary in District of Columbia

How much does a Commercial Loan Officer I make in District of Columbia? The average Commercial Loan Officer I salary in District of Columbia is $72,765 as of January 20, 2020, but the range typically falls between $63,442 and $82,471. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

25% $63,442 10% $54,954 90% $91,307 75% $82,471 $72,765 50%(Median)
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Job Description

Commercial Loan Officer I solicits and services a variety of smaller commercial loans. Interviews applicants and obtains information regarding earnings and financial condition to evaluate the applicant's creditworthiness. Being a Commercial Loan Officer I approves or denies loan within established limits, or refers loan to loan committee for approval. May assist more senior loan officers with larger or more complex loans. Additionally, Commercial Loan Officer I requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Commercial Loan Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Commercial Loan Officer I typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)

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Location Avg. Salary Date Updated
Location Naval Anacost Annex, DC Avg. Salary $72,399 Date Updated January 20, 2020
Location Parcel Return Service, DC Avg. Salary $72,399 Date Updated January 20, 2020
Location Washington, DC Avg. Salary $72,399 Date Updated January 20, 2020
Location Washington Navy Yard, DC Avg. Salary $72,399 Date Updated January 20, 2020
Job Openings for Commercial Loan Officer I in District of Columbia
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